Where does wasted time go?

I recently read a story by Harlan Ellison called "Count the Clock That Tells the Time". In it, there is a place where people who waste their lives go to...well, do nothing, really. Obviously such a place doesn't exist in real life, but it got me wondering: Where does wasted time go? And can we... show more I recently read a story by Harlan Ellison called "Count the Clock That Tells the Time". In it, there is a place where people who waste their lives go to...well, do nothing, really. Obviously such a place doesn't exist in real life, but it got me wondering: Where does wasted time go? And can we actually waste time? Is there really a proper way to use it? There's no real set answers to these questions, I'm just wondering what people think of this.
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